On watch 12/29/20 from Emil

 

Have a look over this Intermediate Course Video 3

Sneak a peek into IU community and see how it is, you can have a walk-through here

Check – The fundamental checklist for technical traders here

 

A lot going on out there so gonna lay out some ideas, some of them need more time to develop but worth an eye and others might be decent short term ideas that might be in play today

ZM – gonna keep an eye on this one if will have a washout towards 300 for a bounce play

WBAI – low volume yesterday but held pretty well thinking this might have some juice in it and will push higher not in a hurry with but if will push and fail against 7 could be a decent fader late-morning

TIGR – swing idea from last week looks decent for some adds here thinking 10+ to peel some off

RMG – interested to short any push and fail against 34.5 looking for more unwind

RIOT – any stuff of 16 at any given stage will considering for a short

PTON – looks like short term top so going to watch 69.5 for a short and more unwind

OZON  – swing idea from last week catching some traction looking for dips into 44

OSTK – watching this one for a while now and setting up nicely for a decent entry interested to snag some in any washout towards 50 for a bounce and see if will catch some bottom in Jan to start building a swing position

MRNA – some more unwind AH going to watch any wash out of the gate against 100 for a bounce trade

INAQ – keeping an eye over here in case volume kicks in targeting 20

GEVO – hopefully some push towards 6 and back side mid-morning so not in a hurry

FRSX – watching any failed follow thru against 5 for a short

ENG – any push and fail against 3 for a short

CWH – on radar still need some time to develop but eyeing 25 area for an entry